Men's and Boys' Cut and Sew Apparel Contractors Small Business Loans
Looking for small business loans for men's and boys' cut and sew apparel contractors? Try the SBA. This $35,000 men's and boys' cut and sew apparel contractors loan was issued by a Florida bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in East Point, Georgia was able to borrow $35,000 from Business Loan Center, LLC. The SBA made the loan possible by guaranteeing $29,750 of this Georgia small business loan.
SBA Loan Borrower
COMPANY TYPE: MEN'S AND BOYS' CUT AND SEW APPAREL CONTRACTORS
East Point, GA 30344
SBA Loan Lender
BUSINESS LOAN CENTER, LLC
415 BECKRICH RD., STE 250
PANAMA CITY BEACH, FL 32407
The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide bank loans to American small businesses.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
315211 - Men's and Boys' Cut and Sew Apparel Contractors
Loan Approval Date
1/9/2006
Loan Approval Gross Amount
$35,000
Loan Approval from the SBA
Of the total $35,000 loan amount, the SBA guaranteed $29,750.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
Don't apply for a loan directly with the SBA. You need to apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.
This SBA loan was for $35,000. How would you spend $35,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.
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Getting an SBA Loan in Florida